This will help me determine what I will offer on the property.Some details, if they help:I will use the FHA loan for this.(3) 1-bed 1-bath units rented at 425 a month, 1 is vacant (for me).

What is a good estimate for this? 

I can run a quick cma for you just send me details.

I will be taking on this endeavor completely solo as well.Knowing all this and based on an estimate of what I would make if I sold now makes it even more difficult as to what path to take.

This is will be our first real estate investment property and I want to make sure I am well informed of all the details so that we don't have any surprises later on, but the more I read the more confused I get.

Renovations are estimated at $10-20,000 for the rehab of three units.

As I was putting together a sight unseen offer, estimating expenses/vacancies %, I was informed they accepted another offer.

hey Matthew - very good point. my Wife and i have been living in our current home for about 7 years. we have a decent amount of equity. we are looking at a new home as an upgrade and i have been tinkering with the idea of renting our current home out instead of selling it so we can build even more equity.the rental estimate versus what we pay per month would be tight; we wouldn't profit much. this is a concern.secondly, renting the current home eliminates any profit for a down payment for the new home. however, i do realize the direction you are recommending; "park" the "100k" in the new home and keep the current home as a rental property?

The chimney sweep company came out yesterday and gave me an estimate to get the work done on the spot— $751.

@Julian Pilate-Hutcherson We work almost exclusively with OOS investors and it's a mixed bag...I sold 3 MF properties this month to folks that have never been to the state...and I have another set of clients that have been in the market for months and make routine visits to the city...I think it has a lot to do with comfort-level...truth told, we can leverage technology and get every possible detail on the table for review to make a pretty informed buy/pass decision...combined with an inspection and appraisal, there is really no need to be here in person looking at deals....